Singapore's central bank said on Monday it was proposing measures to tighten money laundering surveillance of family offices, which handle the financial affairs of the super rich. The Monetary ...
3 years’ jail for parquet firm founder who duped 3 banks into disbursing over $2m in loans
SINGAPORE - The founder of a parquet company was sentenced to three years’ jail on Monday for duping three different banks into delivering more than $2 million in loans. Jason Sim Chon Ang, 57, who is ...
MAS: End corporate cheques by end-2025, banks to charge for processing from 1 Nov
Many banks will charge for cheque processing from 1 Nov, MAS added. Why are cheque transactions being stopped?
OCBC’s Great Eastern in talks to buy MetLife Malaysian arm, sources say
The subsidiary of OCBC is said to be conducting due diligence on AmMetLife Insurance Bhd. and seeking regulatory approval.
OCBC’s Great Eastern in talks to buy AmMetLife, claim sources
A deal would see Great Eastern prevail in its pursuit of AmMetLife Insurance. The Singaporean firm was interested in acquiring the unit last year, even as Zurich Insurance Group AG had emerged as the ...
Singapore business investment forum launched
The Singapore Business Investment Forum (SBIF) was formally launched on July 29 to provide a new platform for Singaporean businesses in Cambodia as well as prospective investors from the city-state.
Singapore Aims to Phase Out Corporate Cheques by End of 2025
All corporate cheques will be phased out in Singapore by the end of 2025 amid the steady decline in use and the rising processing cost.
DBS Bank explains why it likes Amazon and Sea Limited
Sachin Mittal of the Singapore bank says there is no major threat to Amazon, and adds that it's bullish on Sea Limited despite competition from TikTok in Southeast Asia.
Overbought Singapore Bourse Called Higher Again On Monday
The Singapore stock market has moved higher in four straight sessions, gathering more than 100 points or 3.2 percent along the way.
UK, Singapore Enhance Cooperation in Sustainable Finance, Fintech Initiatives
The United Kingdom and Singapore held the 8th UK-Singapore Financial Dialogue in London. The Dialogue facilitated a useful exchange of views.
Asia’s richest families fuel race for lucrative finance jobs
Financial wealth in Asia excluding Japan could outstrip the US by 2025, according to HSBC. Read more at straitstimes.com.
CapitaLand India Trust’s H1 DPU falls 22% on higher finance costs, enlarged unit base
CAPITALAND India Trust’s (Clint) distribution per unit (DPU) fell 22 per cent to S$0.0336 for its first half ended Jun 30, from S$0.0428 in the same period a year earlier. Read more at The Business ...
Thomas Milburn leaves Corporate Citizenship after 10 years to join Singapore bank DBS
Thomas Milburn, the Southeast Asia director of sustainability consultancy Corporate Citizenship, has left the organisation after a decade of service to join Singapore bank DBS.
View: India has become the most sought-after investment destination for Singapore
As Temasek and Singapore look around for new investment opportunities and business partners in India, there will undoubtedly be immense and exciting possibilities for mutual benefit.
PE Panorama: Singapore’s GIC calls time on private equity?
GIC’s target range for private equity in its long-term policy portfolio remains at 13%-17%. Its active portfolio, designed to add value to the underlying policy portfolio through GIC’s internal ...
Singapore businesses investing in Timor-Leste’s leisure, hospitality sectors | Video
Singapore-owned businesses are investing millions of dollars in Timor-Leste's leisure and hospitality sectors. What will this translate into for the country and its people? Lauren Ong reports.